Devan Loss carryback is an accounting technique used to mitigate the effects of a financial loss by carrying it back to offset income in a previous year. The loss is first applied to offset income in the year in which it was incurred, and any remaining amount is then carried back to the immediately preceding year. … Read more
The 52-week high/low is the highest and lowest price that a security has traded at in the previous 52 weeks. This technical indicator is used by traders to gauge whether a security is overbought or oversold. The 52-week high/low is calculated by taking the highest price that a security has traded at in the last … Read more
The delivery definition is the specific criteria that must be met in order for a futures contract to be considered “delivered.” This includes the specific asset or commodities to be delivered, the quantity, the delivery date, and the location. What is the delivery time? The delivery time for a futures contract is the date on … Read more
A problem loan is a loan that is in danger of defaulting, meaning the borrower is having difficulty making payments and the lender is at risk of not being repaid. Defaulting on a loan can have serious consequences for the borrower, including damage to their credit score, legal action, and repossession of their collateral (if … Read more
